Wednesday, January 11, 2012

CPI Aerostructures Announces $12.7 Million Purchase Order from Boeing for A-10 Assemblies

A news release from CPI Aerostructures, published by defense.aerospace.com

(Source: CPI Aerostructures, Inc.; issued January 4, 2012)

EDGEWOOD, N.Y. --- CPI Aerostructures, Inc. (CPI Aero) today announced that it has received its first new business award for 2012, a purchase order valued at $12.7 million from the Boeing Defense, Space & Security unit of The Boeing Company for assemblies for the A-10 aircraft. This represents a follow-on order for CPI Aero's previously announced long-term requirements contract to support Boeing's A-10 Wing Replacement Program (WRP).

The A-10 WRP contract between Boeing and CPI Aero is worth up to approximately $84 million for the production of a variety of structural assemblies for up to 242 enhanced wings. To date, CPI Aero has received firm requirements for 117 ship sets at a value of approximately $47.3 million for the A-10 WRP program.

In addition, CPI Aero announced that new business awards from all customers for the year ended December 31, 2011 was approximately $83.6 million compared to $61.7 million for all of 2010.

CPI Aero is engaged in the contract production of structural and other aircraft parts for leading prime defense contractors, the U.S. Air Force, and other branches of the armed forces. CPI Aero also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services.

Please note: At least at the moment, there are no related news releases available on CPI Aero's or Boeing's websites. Maybe this version, published by defense.aerospace.com, should be one of the very first releases, meanwhile copied a lot by other sources.

Dedicated in Love

This blog is dedicated to Marina Naumann, my latest female partner who died after incurable pancreas cancer on June 17, 2010, just only a half year after diagnosis. Marina was the second true wife in my life, and she always supported my long-year enthusiastic research work on the Hog, especially since the beginning of operations Enduring Freedom and Iraqi Freedom. Rest in peace, Marina.